The third-party car insurance policy offered by the Bajaj Allianz is cost-effective and ideal for every car owner in India. This plan safeguards the insured during an unforeseen event. It is designed to offer financial protection to the third party in case of accidental death and injuries. The plan covers the losses of the third party that are incurred through the insured vehicle. Since there is no certainty when driving a car on the road, it is better to have insurance cover before anything happens.
The Bajaj Allianz third-party car insurance plan covers the property damage, injuries, and death of the third party due to an accident. According to the motor vehicle act of India, having third-party insurance is a must. Therefore, it is a better option for people to buy the third-party insurance of the Bajaj Allianz.
How is This Third-Party Car Insurance Providing Better Value Than Others?
The Bajaj Allianz third-party car insurance plan offers many benefits to the policyholder in case of accidents which makes it an excellent choice for car owners.
Coverage for Third Party
This car insurance policy provides financial support to the third party for the accidental injuries and death caused by the insured. This feature makes the third-party car insurance plan more attractive.
Another reason for the popularity of the third-party car insurance policy offered by the Bajaj Allianz is its cost-effectiveness. The policyholders can get the benefits of this plan at affordable prices compared to other plans.
Covers Property Damages of the Third Party
The third-party car insurance plan provides coverage for third-party property damages.
Provides Personal Accident Coverage
The Bajaj Allianz third-party car insurance offers personal accident cover for the insured, driver, and other travellers.
Effective Claim Settlement
The claim settlement process of the Bajaj Allianz third-party car insurance is very simple and efficient. So, the policyholder can get the claim amount without any hassle.
What is covered in the Bajaj Allianz Third Party Car Insurance?
The Bajaj Allianz third-party car insurance covers many things to support the policyholder in the event of an accident. Here is the list of features that are covered under this insurance plan.
- Coverage for accidental damage to the property of other people
- Accidental injury or death coverage for the third party
- 100% compensation is provided for permanent disability or death of the third party caused by the insured vehicle. If the third party is experiencing partial disability, then 50% compensation is provided.
These are the inclusions of the third-party car insurance plan offered by the Bajaj Allianz that you should know.
What Is Not Covered in The Bajaj Allianz Third Party Car Insurance?
The exclusions of the third-party car insurance of the Bajaj Allianz are as follows:
- Natural wear and tear to the vehicle
- Depreciation amount
- Accidents are caused due to an external factor
- Exclusions for natural disasters like fire, earthquakes, explosions, cyclones, etc.
- Exclusions for manmade accidents like strikes, terrorism, etc.
- Loss caused because of war-related activities
- Mechanical or electrical breakdown
- Car repairing expenses